Topic: [XMR] Monero - A secure, private, untraceable cryptocurrency - page 447. (Read 4671497 times)

What does the expected hard fork on 5th means? Price is going up or down?

In other news Kraken takes on XMR:

http://blog.kraken.com/post/155126375697/kraken-launches-monero-trading

the minmum withdrawl for one of those is 1XMR I guess if there is any with a modifiable withdrawl amount

Interesting news - just spreading the word:

http://www.prunderground.com/gui-wallet-released-by-monero-as-underground-banks-in-china-wait-to-ditch-bitcoin-mid-january/0084114/

Can't vouch for its truth, but it won't hurt - and we're over $200 million market cap now....

I would definitely stay away from that xminingpool. 

As far as ping you can check for yourself.

2 pools in the US are moneroworld.com and monerohash.com and both list some other pools.  There is also an incomplete list on the first page of this thread.

monero.xminingpool.com/ is reliable to mine in? or what is the best pool with lowest fee (1% or less) that allows high ping from america or has low ping for america

Good time ahead for Monero.

Played around with the GUI (I know what a scammer, right?) and have to say I like it a lot!

Easy usability and the privacy regulator is neat.

I think "co-op mining" would be a more approriate term. It also has a community-oriented connotation rather than political.

You obviously have a better handle on coding concepts than I do. I got zilch. All I have is an imagination with a sprinkling of common sense and logic here and there.

Simplistically, why not just take the pool mining concept and apply it as a sort of module in the existing core software to handle the divvying up of a block reward according to shares and distribute it to miners' wallets? Computing resources to handle such extra processing shouldn't be an issue as the "network" virtually becomes a supercomputer (so I read). Everything else stays the same including block frequency and reward. I don't imagine it would create a significant blockchain bloat since they're just regular transactions going to certain wallets (something pools already do anyway) albeit originating from coinbase.

Anyway, as my post at the top of this page stated, this cannot be applied to Monero nor did I suggest it to be so. It was just a reaction to the current and ongoing development of solo/pool mining features in the Monero Wallet GUI which I thought was relative to what I had in mind. Therefore, this topic is no longer within the scope of this thread. Perhaps further discussion in the tech/development forum would be in order for way smarter people than I'll ever be to mull over.

So to make this "egalitarian mining" or "fair mining work for pay", would the code changes need to be made to core, mining, and pool source code?

It seems pretty straightforward to implement, as the block rewards would simply be each in relation to each miners hash for a specified period of time - maybe daily work for daily pay is a starting point.

I guess the first question to be answered is how often this block reward would be paid, as expressed in time vs blocks. It seems intuitive that a 24 hour period would be used, but maybe a 12 hour or 1 hour period is better?

It seems that the communication of each miners daily PoW would need to be encrypted and sent to the network for inclusion in the blockchain, and it would be processed like a transaction, is this correct?

 That might add an additional component of blockchain bloat that will have to be dealt with

There is a xmr mining thread in that sub forum: https://bitcointalk.org/index.php?topic=653467.940

it´s quite active so someone should be able to answer your questions.

I know that your hashrate can change quite alot depending on what pool you use. Never really found out why. I just changed pools until I found one that gave me about the right amount of hashes.

I can't answer your question, but I can at least say that the 0.88 estimation you mentioned seemed correct, based your claimed hash rate and the network hash rate at the time. The network hash rate did fluctuate a lot (between 44 MH/s and 50MH/s) recently though, which may be a factor too.

I see.  I was hoping someone with experience mining Monero could provide a simple answer to my question so I came to the Monero forum.   My question is specific to Monero and Monero mining pools.  I assumed the best place to find people with Monero experience would be in the Monero thread.  Of course the "Pools" thread is about mining pools and some of the millions of posts in that thread are even about Monero mining.  I guess I'll try that thread in the hopes that someone following that threat can answer my Monero question.  Thanks.

Then again, I can mine and trade ZCash and ETH which are both more profitable right now than XMR.

OK I'll join your chat tomorrow and we can talk about it, thanks!

Sorry, I appear to have miscopied it: https://paste.fedoraproject.org/506116/17116821/


Freenode, #monero-pools

Did it via a laptop and am working on it now - seems ok so far.

Happy New Year!

Hmm this paste has been hidden

Which irc BTW?

I don't think you're on IRC, so you might have missed this:
https://paste.fedoraproject.org/506116/17116821/

This is a change needed to the pool software itself to support RingCT (from the 9th of january or so). You seem to be using a custom pool so it might be more complicated than just applying the patch though.

Edit: URL fixed

Same issue - they probably point to the same server.  Getting 'failed' about half way through each time - no other problems I see on my computer.

I will try from another machine when I get a chance. Thanks for trying to help.

You can try the Github link(s):

https://github.com/monero-project/monero-core/releases

I've updated https://xmr.suprnova.cc to the latest version (0.10.1.0) and just wanted to point out that it's a very easy migration, no resync needed, no long rescanning or so.. Very pleasant upgrade.